Crude grade comparison

Foroozan Blend vs Kirkuk

Foroozan field, offshore

Foroozan Blend

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Class
Sour
API
31°
Sulfur
2.2%
VS
Foroozan Blend – Kirkuk spread -- · Foroozan Blend premium
Kirkuk field, northern Iraq

Kirkuk

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--
Class
Sour
API
35.1°
Sulfur
1.9%

Foroozan Blend is sour crude (31° API, 2.2% sulfur); Kirkuk is sour crude (35.1° API, 1.9% sulfur).

Crude quality

Quality & refinery yields

How the two crudes differ in the barrel. Each property uses its own scale.

  • Foroozan Blend Crude
  • Kirkuk Crude

Physical & chemical properties

API gravityhigher = lighter
FB31°
K35.1°
Sulfur contenthigher = sourer
FB2.2%
K1.9%
Densityhigher = heavier
FB g/cm³
K g/cm³
Viscosityhigher = thicker
FB cSt
K cSt
Pour pointhigher = waxier
FB °C
K °C

Typical refinery yields

Gasoline% of barrel
Diesel% of barrel
Jet fuel% of barrel
Residual fuel% of barrel

Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.

Full specification comparison

Full specification comparison of Foroozan Blend Crude and Kirkuk Crude
PropertyForoozan Blend CrudeKirkuk CrudeForoozan Blend − Kirkuk
Classification
ClassificationSourSour
OriginForoozan field, offshoreKirkuk field, northern Iraq
Chemical properties
API gravity31° API35.1° API-4.1 °API
Sulfur content2.2%1.9%+0.3%
Density g/cm³ g/cm³0 g/cm³
Pour point °C °C0 °C
Viscosity cSt cSt0 cSt
Typical refinery yields
Gasoline%%0 pts
Diesel%%0 pts
Jet fuel%%0 pts
Residual fuel%%0 pts
Trading & logistics
Delivery basisFOBFOB/netback
Major exchanges
Export hubIranian offshore terminalsHistorically Ceyhan (pipeline, currently disrupted)
Main destinationsAsiaHistorically Mediterranean/Europe
Benchmark type
Market profile
Key characteristicsMedium sour Iranian offshore crudeHistoric northern Iraqi export grade, light-medium sour
Refining notesFuel oil feedstockFull-range refining feedstock
FAQ

Foroozan Blend vs Kirkuk questions

The spread, the quality gap and why each grade is a benchmark.

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Foroozan Blend Crude was $ and Kirkuk Crude $ per barrel, so Kirkuk traded at a premium of $0 over Foroozan Blend. Over the previous 30 shared price days the spread averaged -- $/bbl, with Kirkuk priced above Foroozan Blend on 0 day(s).

Foroozan Blend Crude is a sour Foroozan field, offshore crude (31° API, 2.2% sulfur) and benchmark. Kirkuk Crude is a sour Kirkuk field, northern Iraq crude (35.1° API, 1.9% sulfur) and benchmark.